{"id":71037,"date":"2026-04-12T22:26:07","date_gmt":"2026-04-12T22:26:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pro-crypto-super-pac-tied-to-tether-spends-300k-on-georgia-house-race-bitcoin-news\/"},"modified":"2026-04-12T22:26:07","modified_gmt":"2026-04-12T22:26:07","slug":"pro-crypto-super-pac-tied-to-tether-spends-300k-on-georgia-house-race-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pro-crypto-super-pac-tied-to-tether-spends-300k-on-georgia-house-race-bitcoin-news\/","title":{"rendered":"Pro-Crypto Super PAC Tied to Tether Spends $300K on Georgia House Race \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li style=\"font-weight:400\" aria-level=\"1\"><span style=\"font-weight:400\">Fellowship PAC filed its first FEC expenditure on April 8, 2026, directing $300,000 to Nxum Group LLC for advertising.<\/span><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><span style=\"font-weight:400\">The ad buy backed Clay Fuller in GA-14, but the PAC\u2019s pledged $100M has not appeared in any FEC contribution filings.<\/span><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><span style=\"font-weight:400\">Jesse Spiro became Fellowship PAC chairman on April 1, 2026, deepening Tether U.S. ties ahead of the November midterms.<\/span><\/li>\n<\/ul>\n<h2>Tether-Connected PAC Backs Clay Fuller in GA-14 With $300K Ad Spend<\/h2>\n<p><a href=\"https:\/\/thefellowshippac.com\" target=\"_blank\" rel=\"noopener noreferrer\">Fellowship PAC<\/a> filed a <a href=\"https:\/\/docquery.fec.gov\/pdf\/748\/202604089857028748\/202604089857028748.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">24\/48 Hour Report of Independent Expenditures<\/a> with the Federal Election Commission (FEC) on April 8, 2026, marking its first disclosed spending since <a href=\"https:\/\/www.prnewswire.com\/news-releases\/the-fellowship-pac-launches-with-over-100-million-committed-to-protect-americas-leadership-in-innovation-and-transparency-302556687.html\" target=\"_blank\" rel=\"noopener noreferrer\">forming<\/a> in 2025. The latest expenditure news was first <a href=\"https:\/\/www.coindesk.com\/policy\/2026\/04\/10\/super-pac-tied-to-tether-makes-first-ad-buy-from-firm-founded-by-tether-s-u-s-ceo\" target=\"_blank\" rel=\"noopener noreferrer\">reported<\/a> on by Coindesk author Jesse Hamilton on Sunday.<\/p>\n<p>The $300,000 payment went to Nxum Group LLC, based in Dover, Del., for advertising purposes. The disbursement was made on April 6, and the ad reportedly ran publicly on April 7. The filing was signed by PAC treasurer Mitchell Nobel.<\/p>\n<p>The ad supported <a href=\"https:\/\/clayfullerforgeorgia.com\" target=\"_blank\" rel=\"noopener noreferrer\">Clay Fuller<\/a>, a Republican running for U.S. House in Georgia\u2019s 14th Congressional District. Fuller is a <a href=\"https:\/\/news.bitcoin.com\/china-faces-immediate-50-tariffs-if-caught-arming-iran-trump-says\/\">Trump<\/a>-backed candidate who recently won a special election to succeed former Rep. <a href=\"https:\/\/news.bitcoin.com\/georgia-rep-marjorie-taylor-greene-criticizes-fednow-project-pushes-for-return-to-gold-standard\/\">Marjorie Taylor Greene<\/a>. Fellowship PAC had not publicly announced the buy or added Fuller to its endorsement list at the time of filing.<\/p>\n<p>The vendor at the center of the disclosure carries its own set of ties. Nxum Group LLC was <a href=\"https:\/\/us.bold.pro\/my\/bo-hines\" target=\"_blank\" rel=\"noopener noreferrer\">co-founded<\/a> by <a href=\"https:\/\/news.bitcoin.com\/bo-hines-details-federal-blueprint-for-a-btc-reserve-to-boost-economic-resilience\/\">Bo Hines<\/a>, who serves as CEO of Tether U.S. and previously advised the Trump administration on <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> policy, along with his father, Todd Hines, and a third partner.<\/p>\n<figure id=\"attachment_805625\" aria-describedby=\"caption-attachment-805625\" style=\"width:1350px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-805625\" class=\"wp-caption-text\"> <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Crypto<\/a> America journalist Eleanor Terrett reported on Spiro being named on April 1, 2026.<\/figcaption><\/figure>\n<p>Fellowship PAC\u2019s own leadership structure runs through Tether\u2019s U.S. operations. On April 1, 2026, Jesse Spiro, Vice President of Regulatory Affairs and Head of Government Affairs at Tether U.S., was <a href=\"https:\/\/x.com\/EleanorTerrett\/status\/2039346298415988833?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">named<\/a> chairman of the PAC. Nobel, the treasurer, is an executive at Cantor Fitzgerald, the firm that custodies Tether\u2019s dollar reserves.<\/p>\n<p>Hamilton\u2019s report notes that Tether International has stated it has no affiliation with Fellowship PAC. The PAC launched publicly Sept. 15, 2025, announcing more than $100 million in committed funds from undisclosed backers. Despite that pledge, <a href=\"https:\/\/www.fec.gov\/data\/committee\/C00915181\/\" target=\"_blank\" rel=\"noopener noreferrer\">FEC summary<\/a> data covering Aug. 7 through Dec. 31, 2025, showed zero contributions, zero receipts, and zero cash on hand.<\/p>\n<p>Super PACs are required to disclose contributions over $200. No major donors have appeared in filings to date. The $300,000 outlay is modest relative to what larger <a href=\"https:\/\/news.bitcoin.com\/new-crypto-pac-targets-us-digital-asset-legislation-with-anchorage-digital-and-chainlink-support\/\">crypto PAC<\/a>s have spent in recent election cycles. Fairshake, the industry\u2019s best-funded political operation, <a href=\"https:\/\/www.politico.com\/news\/2025\/07\/15\/crypto-super-pacs-war-chest-key-house-votes-00452356\" target=\"_blank\" rel=\"noopener noreferrer\">spent<\/a> over $130 million in the 2024 cycle. Fellowship PAC has positioned itself as a distinct effort focused on regulatory clarity and U.S. leadership in digital assets.<\/p>\n<p>Since the April 1 leadership change, the PAC\u2019s <a href=\"https:\/\/x.com\/Fellowship_PAC\" target=\"_blank\" rel=\"noopener noreferrer\">X account<\/a> and website have grown more active. Endorsements include Blake Miguez, Nate Morris, Pete Ricketts, Julia Letlow, and Mike Collins. Besides an endorsement for Alan Wilson for Governor of South Carolina, and the others, the PAC\u2019s social media account showcases its <a href=\"https:\/\/x.com\/Fellowship_PAC\/status\/1967619490482643135?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">launch announcement<\/a> in its first post.<\/p>\n<p>Fellowship PAC also <a href=\"https:\/\/x.com\/Fellowship_PAC\/status\/2014759994571231431?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">endorses<\/a> the CLARITY Act. \u201cThe CLARITY Act brings clear rules, consumer protections, and U.S. leadership in digital assets. Innovation doesn\u2019t wait- Congress shouldn\u2019t e<span style=\"font-weight:400\">ither. Pass CLARITY now,\u201d the PAC wrote on Jan. 23, 2026. <\/span><\/p>\n<p>Whether the PAC\u2019s reported war chest eventually surfaces in FEC filings will become clearer when the next quarterly report is due around mid-April or in July 2026. Fellowship PAC\u2019s full donor list and total fundraising remain undisclosed pending further filings.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/report-pro-crypto-super-pac-tied-to-tether-spends-300k-on-georgia-house-race\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Fellowship PAC filed its first FEC expenditure on April 8, 2026, directing $300,000 to Nxum Group LLC for advertising. The ad buy backed Clay Fuller in GA-14, but the PAC\u2019s pledged $100M has not appeared in any FEC contribution filings. Jesse Spiro became Fellowship PAC chairman [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":71038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71037"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71037"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71038"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}